In Re King & Wood Mallesons and other matters [2025] SGHC 67, the General Division of the High Court of Singapore granted recognition and reliefs under the UNCITRAL Model Law on Cross-Border Insolvency (Model Law) in respect of a consolidated reorganisation of three Chinese companies in the People’s Republic of China (PRC).
This decision provides guidance to insolvency office-holders appointed under PRC law on the procedural requirements to seek recognition under the Model Law in Singapore.
On a broader level, it demonstrates the attitude of the Singapore courts in recognising PRC court-appointed insolvency office-holders, which is an important reciprocity requirement underpinning an application in the PRC courts to recognise a Singapore-court issued insolvency judgment.
This update highlights the salient points of the decision.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Joel CHNG
Partner – Restructuring & Insolvency and Special Situations Advisory
Partner – China Practice
d +65 6517 8707
e joel.chng@wongpartnership.com
Click here to view Joel’s CV.
Daniel LIU
Partner – Restructuring & Insolvency and Special Situations Advisory
d +65 6416 2470
e zhaoxiang.liu@wongpartnership.com
Click here to view Daniel’s CV.